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ACCUMULATED OTHER COMPREHENSIVE INCOME/LOSS ("AOCI") (Tables)
6 Months Ended
Jun. 30, 2016
ACCUMULATED OTHER COMPREHENSIVE INCOME/LOSS ("AOCI") [Abstract]  
Changes in AOCI by component, net of tax
The changes in the Company’s AOCI by component, net of tax, for the three and six months ended June 30, 2016 and 2015 follow (in thousands).
 
  
Three Months Ended June 30, 2016
  
Three Months Ended June 30, 2015
 
  
Unrealized
Gains and
Losses on
Available for
Sale Securities
  
Unrealized Losses
on Securities
Transferred from
Available for Sale
to Held to
Maturity
  
Pension and
Post-
Retirement
Plan Items
  
Total
  
Unrealized
 Gains and
 Losses on
 Available for
 Sale Securities
  
Unrealized Losses
on Securities
Transferred from
Available for Sale
 to Held to
Maturity
  
Pension and
Post-
Retirement
Plan Items
  
Total
 
Beginning balance
 
$
3,044
  
$
(1,090
)
 
$
(8,617
)
 
$
(6,663
)
 
$
3,712
  
$
(1,764
)
 
$
(7,675
)
 
$
(5,727
)
Other comprehensive income (loss) before reclassifications
  
568
   
-
   
-
   
568
   
(1,507
)
  
-
   
-
   
(1,507
)
Amounts reclassified from AOCI
  
(10
)
  
606
   
-
   
596
   
(97
)
  
40
   
-
   
(57
)
Net other comprehensive income (loss)
  
558
   
606
   
-
   
1,164
   
(1,604
)
  
40
   
-
   
(1,564
)
Ending balance
 
$
3,602
  
$
(484
)
 
$
(8,617
)
 
$
(5,499
)
 
$
2,108
  
$
(1,724
)
 
$
(7,675
)
 
$
(7,291
)
 

  
Six Months Ended June 30, 2016
  
Six Months Ended June 30, 2015
 
  
Unrealized
Gains and
Losses on
Available for
Sale Securities
  
Unrealized Losses
on Securities
Transferred from
Available for Sale
to Held to
Maturity
  
Pension and
Post-
Retirement
Plan Items
  
Total
  
Unrealized
Gains and
Losses on
Available for
Sale Securities
  
Unrealized Losses
on Securities
Transferred from
Available for Sale
to Held to
Maturity
  
Pension and
Post-
Retirement
Plan Items
  
Total
 
Beginning balance
 
$
1,436
  
$
(1,395
)
 
$
(8,617
)
 
$
(8,576
)
 
$
2,637
  
$
(1,805
)
 
$
(7,675
)
 
$
(6,843
)
Other comprehensive income (loss) before reclassifications
  
2,180
   
-
   
-
   
2,180
   
(417
)
  
-
   
-
   
(417
)
Amounts reclassified from AOCI
  
(14
)
  
911
   
-
   
897
   
(112
)
  
81
   
-
   
(31
)
Net other comprehensive income (loss)
  
2,166
   
911
   
-
   
3,077
   
(529
)
  
81
   
-
   
(448
)
Ending balance
 
$
3,602
  
$
(484
)
 
$
(8,617
)
 
$
(5,499
)
 
$
2,108
  
$
(1,724
)
 
$
(7,675
)
 
$
(7,291
)
Reclassifications out of AOCI
Reclassifications out of AOCI for the three and six months ended June 30, 2016 and 2015 follow (in thousands).

  
Amount Reclassified from AOCI
  
  
Three Months Ended June 30,
  
Six Months Ended June 30,
 
Affected Line Item in the Statement
Details about AOCI Components
 
2016
  
2015
  
2016
  
2015
 
Where Net Income is Presented
Unrealized gains and losses on available for sale securities
 
$
18
  
$
160
  
$
24
  
$
186
 
Net gain on sale of securities available for sale
Unrealized losses on securities transferred from available for sale to held to maturity
  
(1,022
)
  
(67
)
  
(1,510
)
  
(134
)
Interest income - U.S. Government agency obligations
Subtotal, pre-tax
  
(1,004
)
  
93
   
(1,486
)
  
52
  
Income tax effect
  
408
   
(36
)
  
589
   
(21
)
Income tax expense
Total, net of tax
 
$
(596
)
 
$
57
  
$
(897
)
 
$
31